Well-Maintained Fourplex in Los Angeles

147 E 55th, Los Angeles, CA 90011

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For Sale

$890,000

Fourplex with upside in rents, convenient to Downtown LA.

Type:Investment

Lot size:

4,836.00 Acres

HighLights

Significant rent upside (+/-70%) upon tenant turnover.
Four spacious 2‑bedroom, 1‑bathroom units.
Dedicated rear parking for each unit.
Excellent location with quick access to Downtown LA, USC, and SoFi Stadium.
High Walk Score (74) and Bike Score (78).
Newer roof.

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Listing Contact

Derek Fowler

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For Sale

$890,000

Fourplex with upside in rents, convenient to Downtown LA.

Type:Investment

Lot size:

4,836.00 Acres

Added:: Apr 22, 2026
Days on Market:: 53
Last Refresh:: Apr 22 at 7:36 pm

Property Features for 147 E 55th

General Information

Standard status: Active
Lot size: 4,836.00 Acres
Property subtype: Investment

Building Details

Year Built: 1964

We can help!

Listing Contact

Derek Fowler

Listing agent Derek Fowler License #1319692

Listing office

Listing date Apr 22, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Derek Fowler

HighLights

Significant rent upside (+/-70%) upon tenant turnover.
Four spacious 2‑bedroom, 1‑bathroom units.
Dedicated rear parking for each unit.
Excellent location with quick access to Downtown LA, USC, and SoFi Stadium.
High Walk Score (74) and Bike Score (78).
Newer roof.

Overview

This well-maintained fourplex, constructed in 1964, is located at 147 E 55th Street in a high-density Los Angeles submarket. The property features a newer roof and consists of four spacious units, each with 2 bedrooms and 1 bathroom. Situated on a 4,836 square foot lot, the building provides dedicated rear parking for each unit. The location offers convenient commuting options with quick access to major freeways, placing Downtown LA, USC, and SoFi Stadium within minutes. The property has benefited from years of professional management and is primed for stability and long-term rent growth, with a potential upside of approximately 70% in rents upon vacancy turnover. The location is very bikeable with a bike score of 78 and very walkable with a walk score of 74. The transit score is 61, indicating good transit options.

Location Intelligence

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Quadplexes

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Local Demand

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.2723
Latitude: 33.99255

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For sale
Quadplexes
CA
Los Angeles
90011
147 E 55th

What type of property is this?

Quadplex - Fourplex with upside in rents, convenient to Downtown LA.

Where is this quadplex located?

The property is located at 147 E 55th Los Angeles, CA.

What is the asking price?

The asking price for this property is $890,000.

What are key features of this property?

This property features: Significant rent upside (+/-70%) upon tenant turnover.; Four spacious 2‑bedroom, 1‑bathroom units.; Dedicated rear parking for each unit.

147 E 55th, Los Angeles, CA 90011

Fourplex with upside in rents, convenient to Downtown LA.

Property Features for 147 E 55th

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Los Angeles Commercial Investment Opportunity

Los Angeles Retail Opportunity

Prime Automotive Land in Los Angeles

Los Angeles Industrial Owner-User Opportunity

Eagle Rock Commercial/Residential Opportunity

Multifamily Property in Boyle Heights

Los Angeles Multifamily Investment Opportunity

Highland Park Multifamily Value-Add Opportunity

Four-Unit Residential Income Property

6-Unit Apartment Campus with ADU Plans

Adjacent 11-Unit Residential Income Properties

Apartment Income Property with Covered Parking

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